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299 Prospect Avenue, Middletown, RI 02842
$995,000 Asking Price
$---/mo Est. Payment Get Prequalified »
3
beds
3
baths
1,560
sqft
Built in
1900
Beautifully renovated 3-bedroom 2.5 bath Middletown home that combines classic charm with modern elegance. This 1,800-square-foot residence sits high on a corner lot and is flooded with natural light. The open floor plan is lined with windows creating a bright living and dining area adjacent to a gourmet kitchen. It is a true entertainer's dream with a large island with a quartz countertop and stainless-steel appliances. The first floor also offers a flex room that is currently used as a laundry area and office. The Murphy bed makes the bonus room the perfect space for overflow guests. The second floor is home to three bedrooms and two full bathrooms including the primary en-suite that is complete with a walk-in closet and original details that were preserved to keep the character of the home. There are beautiful hardwood floors throughout the home as well as mini splits to keep the house cool on summer days. The property is fully fenced-in and professionally landscaped. In addition, the house is wired for a hot tub, and there is a gravel area perfect for a fire pit. The back deck and ample parking with easy access to all that Middletown and Newport make this the perfect coastal retreat. The property has a strong history of short-term rental. Buyer to do their due diligence to acquire proper licensing and registration for short-term rentals.
Features & Amenities
Interior
- General:
- Attic,Bathtub,Stall Shower,Tub Shower,Furnished
- Appliances:
- Dryer,Dishwasher,Exhaust Fan,Electric Water Heater,Microwave,Oven,Range,Refrigerator,Washer
- Basement:
- Full,Interior Entry,Unfinished
- Flooring:
- Ceramic Tile,Hardwood
- A/C:
- true, Heat Pump
- Heating:
- true, Electric,Heat Pump
- Fireplace:
- Fireplaces: 0
Exterior
- General:
- Deck
- Style:
- Cabin
- Parking:
- No Garage, Parking spaces: 4
Construction
- General:
- Drywall,Wood Siding, 2, Stone
Location
- Originating MLS:
- RIS
- County:
- Newport
Lot
- Zoning:
- R20, 299PROSPECTAVMDLT
- Fencing:
- Fenced
Utilities
- Utilities:
- Sewer Connected,Water Available, 200+ Amp Service
- Water:
- Private,Well
- Sewer:
- Connected
Financial
- Source:
- RIS
This listing courtesy of:
Lila Delman Compass
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Middletown, RI
Housing
- Number of Units
- 8,049
- Median Home Value
- $415,660
- Median Rent
- $1,482
45.67% of housing units are renter occupied.
10.76% are vacant.
Commute
- Car
-
79.59%
- Public Transportation
-
0.62%
- Walk to Work
-
2.92%
- Work from Home
-
16.26%
- Other
-
0.35%
The median travel time to work is 16 minutes.
People
- Population
- 16,768
- Median Age
- 44.70
- Median Household Size
- 2.58
Education
- High School
-
22.07%
- Associate’s Degree
-
7.56%
- Bachelor’s Degree
-
25.16%
- Graduate Degree
-
23.08%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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